Hi All.
Please be patient as our new site is being built.
More challenging than I thought; but we are making progress.
You can continue to view our posts here until the new site is up and functional.
E.
Archive for the ‘Overview’ Category
911
Posted in Overview on September 11, 2008 | Leave a Comment »
Rollover
Posted in Overview, tagged rollover on June 13, 2008 | Leave a Comment »
Today was rollover in the futures market, and June contracts flipped over to September. Looked like about 2 points or so premium built in; surprisingly light considering it is normally about 10 points.
After the first few hours bounce into resistance from oversold, prices rolled over and closed the gap, then rallied into the close after [...]
What goes up, must come down
Posted in Overview, tagged consolidation, gap and go, gap and trap, market reversals on May 15, 2008 | Leave a Comment »
Gap up, trap early shorts, consolidate, squeeze them. Consolidate, pull back as profit taking, keep pulling back squeezing the longs.
The numbers change, but the patterns are familiar. A news report like the CPI is an excuse to move the market, and hapless traders get stopped out several times on the short side. Finally giving in [...]
Our market friends named Ebb and Flo
Posted in Overview, tagged choppy market, trending market, vix on April 30, 2008 | Leave a Comment »
The vix has collapsed, and the market is getting ready to catapult to new heights.
Or so it would seem.
But you and I know better, since we both have been around the block (a few times).
Here is a question for you to ponder:
What is the shortest distance between two points?
If you answered “A straight line”, then [...]
Simulated profits
Posted in Overview, tagged emotional control, money mangement, simulated trading, timing on April 29, 2008 | Leave a Comment »
Paper trading is a great way to learn how we will adapt to market movements in real time. It allows us to “practice” without losing real money.
The trick is to ask ourselves, “If this was real money, would I make this trade?” If no, then we are just playing a video game.
In this article, the last paragraph discussing the [...]
Gold rush
Posted in Overview, tagged chart patterns, discipline on April 23, 2008 | Leave a Comment »
“In a gold rush, get rich by selling ‘em picks and shovels.”
So it has been said about market guru’s dispensing their sage advice.
The real truth for me is actually quite simple. Organizing my thoughts about trading into this journal, crystalizes my thinking and allows me to prioritize the critical aspects of my trading mehodology.
Pattern recognition, along [...]
Win Today
Posted in Overview on April 12, 2008 | Leave a Comment »
As in all of life’s endeavors, successful trading begins in the mind.
It is not about any one trade of course, but rather the accumulation of profits through some winning trades that are greater than the result of scratched trades and small losses taken when the market fails to do what you thought it would.
Summed up [...]
